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Nuts and bolts of investing in Opportunity Zones

Qualified Opportunity Zones are census tracts that were identified based on poverty and median income levels. The primary targeted areas are distressed urban communities and rural areas. The U.S. Treasury approved over 8,700 Opportunity Zones, incl.....»»

Category: topSource: bizjournalsJan 24th, 2020

N.Y. company acquires three Triad apartment communities in $61 million deal

The buyer says it will reinvigorate the distressed properties......»»

Category: topSource: bizjournalsDec 9th, 2019

Opportunity Zones gaining traction for Houston investors

Created to encourage economic growth and investment in low-income and economically distressed communities, the Tax Cuts and Jobs Act brought a new tax incentive for Houston investors to consider — Qualified Opportunity Funds (QOF). With this new ince.....»»

Category: topSource: bizjournalsNov 5th, 2019

Great Recession To Great Reshuffling: "Young People Are Trapped In Debt In "Distressed" Communities"

Authored by Mac Slavo via SHTFplan.com, According to a re.....»»

Category: blogSource: zerohedgeJul 2nd, 2019

Rockefeller throws its weight into Opportunity Zone program

The Rockefeller Foundation announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 T.....»»

Category: realestateSource: realestateweeklyJun 6th, 2019

The Trump administration said these tax breaks would help distressed neighborhoods. Who’s actually benefiting?

Opportunity zones could potentially transform more than 8,700 low-income communities......»»

Category: topSource: moneycentralJun 6th, 2019

The Trump administration said these tax breaks would help distressed neighborhoods. Who’s actually benefiting?

Opportunity zones could potentially transform more than 8,700 low-income communities......»»

Category: topSource: washpostJun 6th, 2019

Multi-asset vs. Single-Asset Qualified Opportunity Funds

Qualified opportunity funds, or QOFs, have received a lot of buzz lately. Through these funds, investors can support development projects in economically distressed communities, known as qualified... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 26th, 2019

Do you live in an ideal community? America’s 50 best cities to live

A weighted index of over two-dozen measures was created to identify the best American cities to live in. Many of the communities are relativ.....»»

Category: topSource: usatodayOct 22nd, 2018

America’s 50 best cities to live

A weighted index of over two-dozen measures was created to identify the best American cities to live in. Many of the communities are relativ.....»»

Category: topSource: usatodayOct 22nd, 2018

"New opportunities exist for change" in Baltimore"s distressed communities, developers say

The redevelopment of the Hoen Lithograph complex in Middle East is a prime example of that investment......»»

Category: topSource: bizjournalsNov 9th, 2018

Opportunity Zones Present Potential for Distressed Communities

The Qualified Opportunity Zones (QOZ) Program was created by the Tax Cuts and Jobs Act to encourage econom.....»»

Category: realestateSource: rismediaDec 3rd, 2018

Top 10 FAQs on new Opportunity Zone program

Earlier this year, the U.S. Treasury Department and Internal Revenue Service certified approximately 625 economically-distressed areas throughout Texas, including more than 100 communities located within the greater Houston area, as Opportunity Zo.....»»

Category: topSource: bizjournalsDec 4th, 2018

Scaramucci Leverages "Tax Breaks For Distressed Communities" To Build "Swank Hotel" In Oakland

When Congress passed (and President Trump signed) a bill to dole out tax break.....»»

Category: blogSource: zerohedgeDec 12th, 2018

Scaramucci pitches "swank" hotel for tax cut aimed at poor areas

When U.S. lawmakers enacted a new tax break to help low-income communities last year, backers said it would lift up some of the most distressed parts of the country. But that wasn’t the pitch former... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 12th, 2018

Mapping America"s Most-Distressed Communities

Despite a recent slump in the markets, the U.S. economy is still putting up stron.....»»

Category: blogSource: zerohedgeDec 16th, 2018

Fear & Greed Index Moves To "Fear" Zone; S&P 500 Down Over 1%

The CNN Money Fear and Greed index .....»»

Category: blogSource: benzinga4 hr. 11 min. ago

Nonprofit center in Gallup hopes to help unbanked and underbanked communities gain financial literacy

Operation HOPE, a nonprofit focused on improving financial literacy, is looking to help New Mexico’s Indigenous communities via a new center in a Gallup Wells Fargo branch......»»

Category: topSource: bizjournals11 hr. 27 min. ago

These were the Milwaukee area"s hottest communities for home sales so far in 2024

Just three communities made a list of the hottest places in the Milwaukee area for home sales in the first quarter of 2024......»»

Category: topSource: bizjournals14 hr. 27 min. ago

M&T Bank Reports Q1 Earnings, Joins Snap One, Encore Wire And Other Big Stocks Moving Higher On Monday

U.S. stocks were higher, with the Dow Jones index gaining over 100 points on Monday. Shares of M&T Bank Corporation (NYSE: MTB) rose sharply during Monday’s session after the company reported first-quarter financial results. read more.....»»

Category: blogSource: benzinga19 hr. 11 min. ago